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Chapter 300 Isn't That Enough?

As expected, it was just as the outside world said. After only a few minutes of conversation, Lao Duan's ruffian nature was exposed. This was the first time Lao Li encountered this kind of conversation that directly embarrassed the other party. Fortunately, he had communicated with Guan Yuntian before.

, received the full support of Changda Group, which gave Lao Li a lot of confidence. Otherwise, Lao Duan, as the chairman of the board of supervisors, would be a little afraid of Lao Duan's aggressive momentum.

Faced with Lao Duan's arrogance and unreasonableness, Lao Li said calmly: "Why does Mr. Duan have to be so absolute? Who in the financial department listens depends on who is reasonable. They will not do anything that violates the regulations, because then

It’s against the law.”

"What's the law? Don't follow me and go online at every turn. Isn't it just a daily expense? Do you need to tell me about the law?" Old Duan looked completely nonchalant.

"What law? Have you never heard of the Enterprise Law? All listed companies, including formal joint-stock enterprises, must abide by the various regulations stipulated in the Enterprise Law. As the chairman and corporate executive, if you do not put the interests of the shareholders of the enterprise

Take it seriously and wantonly expropriate the interests of shareholders, that is an illegal act. If the financial department does not adhere to principles, it will become an accomplice of illegal crimes! I may not sound good when I say this, but there is absolutely nothing wrong with my meaning."

"Stop being sensational here! For a little daily entertainment, you have committed illegal and criminal acts with me. Do you treat me like a three-year-old child?"

"Mr. Duan, I am speaking in general terms. You may not accept it. Let me give you a specific example. For example, the entertainment expenses for relatives and friends from your hometown are unreasonable expenses. If they are entered into the company's financial accounts, once or twice

, is a violation, and if it continues for a long time, it will become illegal in nature.”

"It's really unreasonable! I am the chairman of a listed company, but I don't have the right to entertain relatives and friends for a meal?" Lao Duan said angrily.

"We have no right to make irresponsible remarks about your entertaining relatives and friends, but according to the company law and the company's articles of association, the expenses for entertaining relatives and friends should be paid out of your own pocket, rather than entering the company's financial accounts! If you sign a note with the financial department, in the future

It’s reasonable to deduct these entertainment expenses from your year-end dividend, but you can’t let other shareholders share it for you.” Lao Li said calmly.

Lao Duan's former Fengyuan Mining Company was his own company. There was no distinction between units and individuals. All expenses incurred by the company were in one account. He was already accustomed to that kind of management model. For the formal and scientific management of the current listed company,

Old Duan found the management style intrusive and uncomfortable.

"Chief Supervisor, according to your statement, if I want to entertain a relative, friend or client, don't I have to ask you for instructions first?" Lao Duan said angrily.

"Mr. Duan, you are the chairman of the board and the top chief executive of the company. As long as it is within the scope allowed by the rules, let alone entertaining relatives, friends and customers, you have the right to make your own decisions on anything else and it has nothing to do with our board of supervisors."

Li Dao.

"Then what does your board of supervisors do? Is it only responsible for finding fault with my work?" Lao Duan was not enthusiastic about establishing a board of supervisors.

"Mr. Duan, the function of the board of supervisors is to supervise the operation and management of the enterprise. The purpose is to safeguard the interests of shareholders and ensure that the operation and management of the enterprise are carried out within the scope permitted by regulations and articles of association. Our job is not to create problems for the operation and management of the enterprise.

obstacles, but to avoid the occurrence of violations, or after the occurrence of violations

, supervise enterprise managers to make corrections.”

"It's confusing and nagging. In the final analysis, isn't it true that you are critical of my work? Your actions like this tie my hands and feet and make it impossible for me to work!" After saying a few words, Old Duan turned his head.

aside.

"It seems that no matter how I explain, Mr. Duan can't listen, or he doesn't intend to listen at all. In this case, I want to make it clear to Mr. Duan that whether you are willing to accept the supervision of the Board of Supervisors or not, you were and are not.

There are also expenses that will occur in the future. As long as they comply with the regulations, there will be no problem in financial accounting. However, for entertainment expenses that exceed the standards and do not meet the regulations, the company's financial department will keep separate accounts for you, and they will be deducted from your dividends in the future." Supervisor

Tell the other person seriously and clearly.

"Do you think finance can do this? Do they listen to you or do they listen to me?"

"Mr. Duan may not know that the staff in the financial department of listed companies are not like those from your previous Fengyuan Mining Company. The staff recruited here not only have high professional standards, but also have strong awareness of the rule of law. They know what compliance is and what

It’s called a violation. In fact, some of the issues I talked to you about today were reflected by the financial department. To put it a step back, even if you say that they will listen to you and violate the violation with you, they will bear the cost of the violation.

Can you afford it? You don't care about this problem, they don't have the courage."

"You keep violating laws and regulations here. I want to know, even if I do that, what will your board of supervisors do?" Lao Duan said proudly and deliberately provocatively.

"The purpose of communicating with you today is to let you correct your mistakes. If Mr. Duan fails to listen to advice and insists on going his own way, we are not helpless."

Lao Duan smiled contemptuously and said, "Tell me about it and let me open my eyes."

"Since Mr. Duan doubts our ability, let me show you my trump card. First of all, someone has actually made a similar proposal at the last shareholders' meeting. Other shareholders can easily surpass Fengyuan Mining with only partial cooperation.

The company's shareholding ratio, by then you, the chairman, will automatically step down. You should know that our Xinrui Pharmaceutical's shareholding exceeds 10%, but we focus on our own pharmaceutical business and do not want to do this.

You are too distracted and unwilling to change the management of listed companies frequently, so I advise you to take it easy and take care of yourself. This is one of our trump cards."

"What other trump cards are there? Show them all."

"Of course, your illegal behavior has harmed the interests of other shareholders and violated corporate laws. If you refuse to correct it and insist on going your own way, the supervisory board can file a judicial lawsuit against you. Moreover, because the facts are clear, if you really want to file a lawsuit, you

Defeat is certain!"

"Is there any more?" Lao Duan glanced sideways.

"Isn't this enough? I think either of these two methods can easily knock you down and make you pay the price. However, I think judicial litigation is more troublesome. What do you think, Mr. Duan?"

Lao Li turned his face to one side.

Seeing that the other party was getting closer and closer, Lao Duan finally realized the seriousness of the problem. Although he was very reluctant, he seemed to be planning to restrain himself and no longer be as willful as before. "We are all shareholders of Changda Holdings, so to speak.

As a colleague, why make the problem so complicated? Isn’t it just daily expenses? I will pay more attention in the future and try to control the amount within the scope stipulated in the articles of association, otherwise there will be no money.

Is something wrong?"

Lao Li turned around and said, "Mr. Duan, you said so earlier, why are we wasting so much time talking about it? It's not worth it to be in a stalemate for a long time over a few words! You and I are strangers to each other, think about it,

Can I specifically target you? But apart from the company’s daily expenses, I came to you today for one more thing."

"Is there anything else?" Lao Duan finally knew that the chief supervisor was definitely looking for him, so he was on alert again.

"Didn't I tell you when we first met that I need to discuss two things with you today? In addition to daily expenses, there is also the recent bidding for environmental protection equipment procurement. Some people reported that you had tampered with it." Lao Li said bluntly.

"Who is spreading rumors behind this? What did I do to purchase the equipment? Is there any evidence? If I can't produce evidence, I will sue the person who reported the problem for false accusation!" Lao Duan questioned.

"Mr. Duan, don't worry. It's not difficult to investigate what is right and wrong. Before solving this problem, I would like to ask Mr. Duan whether our early purchase of environmental protection equipment has gone through the process."

Bidding process?”

"Of course it went through bidding. If you don't believe me, just ask the office staff. They even helped with the preparations."

"How many bidders are there? Have they fully defended themselves at the bidding meeting? Has Changda Holdings established a special bidding review agency? What is the final result? You need to answer these questions."

Lao Duan was stunned by Lao Li's series of questions. It took at least three or four minutes for Lao Duan to recover. "I remember that there were four or five bidders. Based on their quotations, quality deposits, delivery time and other factors,

I finally determined the supplier."

"That means you have agreed on the supplier yourself without a full defense and without passing the review by the review agency?"

"It's not entirely up to me. In fact, we also have a four-person review panel. Besides me, the other three also put forward opinions. Is there anything wrong with this?"

"There seems to be no problem, but as far as I know, the four members of your review team, including you, are all shareholders of Fengyuan Mining Company, that is, your original subordinates. They completely listen to you. This

There is no difference from the decision you make yourself. Therefore, some people have reported that your bidding process for environmental protection equipment procurement is not transparent and unfair. It seems that these problems do exist."

"I don't understand. How do I make an equipment purchase that is fair and transparent?" Old Duan spread his hands and looked helpless.

"Let me tell you, there are problems with your bidding review team. First of all, the number of people is too small. In addition, the members are all colleagues of your Fengyuan Mining Company and are not representative. For this reason alone, people have reason to question your impartiality.

.”

"Then tell me, what needs to be done to be fair and transparent?"

"It's very simple. Set up a bidding review team of seven to nine people. You can be the leader, but the members must come from other shareholder units other than Fengyuan Mining Company. During the bidding process, each bidding unit is allowed to fully demonstrate its own characteristics.
Chapter completed!
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